red - stem probably did DD on WEHI and found all the lien judgments against the company. They could have also researched the projections and other fluff and compared it to WEHI actual results. That would scare most credible companies away.
I'm surprised Heathrow (owned by WEHI CEO Pagnano) agreed to be acquired by WEHI after doing DD on WEHI. Must be that conflict of interest thing that Pagnano failed to disclose to shareholders.
I see Pagnano also didn't disclose how many billions and billions of dilutive shares that will likely be issued for Heathrow.
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